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Massive CRYPTO ACCUMULATION Underway! BITCOIN Whales On The Move!

2 Views· 09/29/23
DavidHunter
DavidHunter
10,022 Subscribers
10,022
In Crypto

In this video, I'm excited to discuss two key pieces of news: MicroStrategy's recent massive accumulation of Bitcoin and the growing supply held by long-term Bitcoin holders. Drawing a parallel between our current market situation and the bear market of 2018, it's vital to recognize the significance of historical data and long-term trends. Despite some bearish sentiment lingering in the crypto space, the data available paints a different picture, one that strongly suggests continued growth and adoption.

This is reinforced by the enduring institutional interest in Bitcoin, exemplified by MicroStrategy's recent substantial purchases, and the historical pattern of long-term Bitcoin holders accumulating during bear markets. Additionally, I address potential bearish scenarios, such as the loss of institutional interest, regulatory scrutiny, negative perceptions, and a perceived lack of innovation, contending that these factors may not be as detrimental as they initially seem and could potentially contribute to the overall maturation and expansion of the crypto market. In conclusion, I maintain a bullish outlook on the crypto market, grounded in technical analysis, historical trends, and current data, while also encouraging respectful discussion and inviting you to share your perspectives on the crypto market's trajectory.

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Intro 00:00
2018 Bitcoin prediction 00:35
Microstrategy buys more Bitcoin 2:20
Long term btc holders all time high 4:35
Is crypto going to make it? 6:00

Sources:

https://cointelegraph.com/news..../microstrategy-buys-

https://ambcrypto.com/blog/is-....bitcoin-dead-all-pot

https://blockworks.co/news/ban....k-america-fidelity-b

https://cointelegraph.com/news..../bitcoin-etf-sec-dea

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*The above video references an opinion and is for news/information and entertainment purposes only. It is not intended to be investment advice, financial advice, or any solicitation, recommendation, endorsement, or offer that you buy or sell any cryptocurrency or securities. Trading in cryptocurrencies and securities is a high risk activity involving risk of loss so please seek a duly licensed professional for investment or financial advice. The information provided on this video should not be used to make any investment or financial decisions without consulting your financial or investment advisor. This video contains my opinion only and is not intended to cause harm or defame anyone or any entity.

Crypto Capital Venture is big on tracking bitcoin market in particular. The general premise of technical analysis videos on Crypto Capital Venture is that although Bitcoin price price moves very in a very volatile way, there is much opportunity in being prepared for upside and downside. We also cover Bitcoin news on this channel as it comes out.

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